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The Political Economy of Labour Market Institutions

Gilles Saint-Paul

Published in print:
2000
Published Online:
November 2003
ISBN:
9780198293323
eISBN:
9780191596841
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/0198293321.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

Most economists think that unemployment is high in Europe because of rigid labour market institutions such as minimum wages, unemployment benefits, and employment protection. The book develops a ... More


Racial Stigma: Toward a New Paradigm for Discrimination Theory

Glenn C. Loury

in Understanding Poverty

Published in print:
2006
Published Online:
September 2006
ISBN:
9780195305197
eISBN:
9780199783519
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0195305191.003.0027
Subject:
Economics and Finance, Development, Growth, and Environmental

This essay examines interconnections between “race” and economic inequality in the United States, focusing on the case of African Americans. It is crucially important to distinguish between racial ... More


The Role of Agriculture in Development

Mukesh Eswaran and Ashok Kotwal

in Understanding Poverty

Published in print:
2006
Published Online:
September 2006
ISBN:
9780195305197
eISBN:
9780199783519
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0195305191.003.0008
Subject:
Economics and Finance, Development, Growth, and Environmental

As countries develop, their labor force shifts from agriculture to industry and services, and in the process, the well-being of the people improves. This essay sheds some light on the economic logic ... More


Bounded Rationality and Industrial Organization

Ran Spiegler

Published in print:
2011
Published Online:
September 2011
ISBN:
9780195398717
eISBN:
9780199896790
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195398717.001.0001
Subject:
Economics and Finance, Behavioural Economics

This book synthesizes recent developments in the theory of Industrial Organization, incorporating aspects of consumer psychology that are absent from the standard model of rational choice. The book ... More


Basics of treatment effect analysis

Myoung-Jae Lee

in Micro-Econometrics for Policy, Program and Treatment Effects

Published in print:
2005
Published Online:
February 2006
ISBN:
9780199267699
eISBN:
9780191603044
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199267693.003.0002
Subject:
Economics and Finance, Econometrics

For a treatment and a response variable, the ‘causal effects’ of the former on the latter is of interest. This chapter introduces causality based on ‘potential-treated and untreated-responses’, and ... More


Widening Gap of Educational Opportunity? A Study of the Changing Patterns of Educational Attainment in China

Min‐Dong Paul Lee

in Inequality and Growth in Modern China

Published in print:
2008
Published Online:
May 2008
ISBN:
9780199535194
eISBN:
9780191715730
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199535194.003.0009
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter conveys a dynamic account of educational inequality in China during the last decade. It finds that younger students all over China are benefiting from the recent expansion of education. ... More


Post-Utilitarianism: Searching for a Collective Soul in the Behavioral Era

Gilles Saint-Paul

in The Tyranny of Utility: Behavioral Social Science and the Rise of Paternalism

Published in print:
2011
Published Online:
October 2017
ISBN:
9780691128177
eISBN:
9781400838899
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691128177.003.0007
Subject:
Economics and Finance, History of Economic Thought

This chapter presents the post-utilitarian paradigm, which is defined as the attempt to reconstruct social preferences when individuals have behavioral issues. It highlights four possibilities, each ... More


Psychological Pressure on the Field and Elsewhere

Ignacio Palacios-Huerta

in Beautiful Game Theory: How Soccer Can Help Economics

Published in print:
2014
Published Online:
October 2017
ISBN:
9780691144023
eISBN:
9781400850310
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691144023.003.0006
Subject:
Economics and Finance, History of Economic Thought

This chapter describes a novel behavioral bias not previously documented in a competitive situation: psychological pressure in a dynamic competitive environment arising from the state of the ... More


Favoritism under Social Pressure

Ignacio Palacios-Huerta

in Beautiful Game Theory: How Soccer Can Help Economics

Published in print:
2014
Published Online:
October 2017
ISBN:
9780691144023
eISBN:
9781400850310
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691144023.003.0008
Subject:
Economics and Finance, History of Economic Thought

This chapter examines the effect of social forces as determinants of behavior, in particular the role of social pressure as a determinant of corruption, through the lens of professional soccer. ... More


From Argentina Without Emotions

Ignacio Palacios-Huerta

in Beautiful Game Theory: How Soccer Can Help Economics

Published in print:
2014
Published Online:
October 2017
ISBN:
9780691144023
eISBN:
9781400850310
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691144023.003.0011
Subject:
Economics and Finance, History of Economic Thought

This chapter focuses on psychological pressure in a competitive environment. It tests the hypothesis that if incentives become sufficiently large, the performance of professional players should ... More


Introduction

Julian S. Alworth and Giampaolo Arachi

in Taxation and the Financial Crisis

Published in print:
2012
Published Online:
May 2012
ISBN:
9780199698165
eISBN:
9780191738630
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199698165.003.0001
Subject:
Economics and Finance, Financial Economics

This book originated from a conference held in Milan in April 2009. That conference addressed the issue of what lessons for tax policy could be drawn from the financial crisis. The papers presented ... More


Culprit, Accomplice, or Bystander? Tax Policy and the Shaping of the Crisis

Michael Keen, Alexander Klemm, and Victoria Perry

in Taxation and the Financial Crisis

Published in print:
2012
Published Online:
May 2012
ISBN:
9780199698165
eISBN:
9780191738630
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199698165.003.0002
Subject:
Economics and Finance, Financial Economics

Did taxation have any role in precipitating the financial crisis? Are there lessons to be drawn for tax reform once the crisis has passed? This chapter reviews the main channels by which tax effects ... More


Geography, Trade, and Currency Union

Jacques Mélitz

in Monetary Unions and Hard Pegs: Effects on Trade, Financial Development, and Stability

Published in print:
2004
Published Online:
August 2004
ISBN:
9780199271405
eISBN:
9780191601200
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199271402.003.0005
Subject:
Economics and Finance, Economic Systems

This chapter reports on four basic results of tests of the standard gravity equation. First, geography can reflect comparative advantage as well as transportation cost. Second, the effect of distance ... More


 Changes in Equity Markets in the Major Developed Countries and Overview of the Book

George J. Benston, Michael Bromwich, Robert E. Litan, and Alfred Wagenhofer

in Worldwide Financial Reporting: The Development and Future of Accounting Standards

Published in print:
2006
Published Online:
February 2006
ISBN:
9780195305838
eISBN:
9780199783342
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0195305833.003.0001
Subject:
Economics and Finance, Financial Economics

This chapter provides an introduction to recent and likely future trends in financial reporting in the United States, Europe, Japan, and in the international arena (through reporting standards set by ... More


Rural and Urban Income Inequality and Poverty: Does Convergence between Sectors Offset Divergence within Them?

Robert Eastwood and Michael Lipton

in Inequality Growth and Poverty in an Era of Liberalization and Globalization

Published in print:
2004
Published Online:
August 2004
ISBN:
9780199271412
eISBN:
9780191601255
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199271410.003.0005
Subject:
Economics and Finance, Development, Growth, and Environmental

Explores recent trends in developing and transitional economies in rural–urban, rural, and urban inequality of income and poverty risk, and the offsetting trends in inequality hypothesis (OTI), which ... More


Where to Go?

Gilles Saint-Paul

in The Tyranny of Utility: Behavioral Social Science and the Rise of Paternalism

Published in print:
2011
Published Online:
October 2017
ISBN:
9780691128177
eISBN:
9781400838899
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691128177.003.0013
Subject:
Economics and Finance, History of Economic Thought

This concluding chapter discusses two arguments that make the case that empirical relevance of behavioral biases cannot be used to justify an extension of government control over private lives. One ... More


The Theory of Domestic Divergences

W. Max Corden

in Trade Policy and Economic Welfare

Published in print:
1997
Published Online:
November 2003
ISBN:
9780198775348
eISBN:
9780191715471
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198775342.003.0002
Subject:
Economics and Finance, International

The basic theory of domestic divergences (distortions) and trade policy is laid out. Production and consumption divergences are distinguished. The concepts of the by‐product distortion effect of a ... More


Controlling for covariates

Myoung-Jae Lee

in Micro-Econometrics for Policy, Program and Treatment Effects

Published in print:
2005
Published Online:
February 2006
ISBN:
9780199267699
eISBN:
9780191603044
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199267693.003.0003
Subject:
Economics and Finance, Econometrics

In finding a treatment (d) effect on a response variable (y) with observational data, the control group with d = 0 (or C group) may be different from the treatment group with d = 1 (or T group) in ... More


Matching

Myoung-Jae Lee

in Micro-Econometrics for Policy, Program and Treatment Effects

Published in print:
2005
Published Online:
February 2006
ISBN:
9780199267699
eISBN:
9780191603044
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199267693.003.0004
Subject:
Economics and Finance, Econometrics

If the treatment (T) and control (C) groups are different in observed variables x, then the difference in outcome y cannot be attributed to the difference in the treatment. The obvious solution is to ... More


Design and instrument for hidden bias

Myoung-Jae Lee

in Micro-Econometrics for Policy, Program and Treatment Effects

Published in print:
2005
Published Online:
February 2006
ISBN:
9780199267699
eISBN:
9780191603044
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199267693.003.0005
Subject:
Economics and Finance, Econometrics

If the treatment (T) and control (C) groups are different in unobserved variables e as well as in observed variables x, and if e affects both the treatment and response, then the difference in ... More


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